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Tesla Model 3 battery cells are costing Panasonic now, but they expect to turn a profit next year

The new ‘2170’ li-ion battery cells, manufactured by Panasonic at Tesla’s Gigafactory 1 in Sparks, Nevada, are a key part of the Tesla’s Model 3 battery architecture. The Japanese manufacturer now says that the batteries are costing them, but they expect to turn a profit next year. more…